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MBA
FAQs
Personal Branding
GMAT & GPA
Application Timing/Focus
Recommendations
Essays
Interviews
Internationals
Re-applicants
| Personal
Branding |
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Q: How important is branding
to the application process?
A:
It's interesting how often the business of education is a
marketing exercise. Consider the Board of Trustees that advertises
for talented faculty. Accordingly, the best and brightest
spruce up their curricular vitae with the amazingly interesting
and impressive work they've done. The lucky few who are invited
to interview have the rare opportunity to "sell" themselves
to the decision makers who must assess how each professor
candidate fits into the academic community and whether they
possess the caliber the school is looking for in its professors.
In simple terms, the question is whether the professor's brand
(who they are, their values, work, activities and awards)
"fits" with the school's brand.
Applying
to business school is no different. Developing your personal
brand is critical. Business school or not, we believe that
building your brand is a clear path to achieving your goals
and living your passion. And those who have a clear sense
of their personal brand often emerge the most successful from
the application process.
From the
perspective of the admissions application, picture this: A
team of talented, dedicated staff (Board) receives marching
orders to identify smart, talented individuals with excellent
leadership potential and track records. They're limited to
a finite number of admissions, which is further complicated
by an application pool that's full of talented individuals
who have achieved significant levels of success in different
arenas. Additionally, the schools have been directed to look
for diverse perspectives (i.e., industry, country of origin,
talents, gender, ethnicity, personal and professional experiences)
and maintain a clear balance to ensure the class is not skewed
to any one particular profile.
Given
the reality painted above and the thousands of rejections
(top MBA programs accept only 10-20% of the applicants), developing
your personal brand is vital to a positive admission decision.
Invest the time for introspection, examine your personal passions,
values, goals and career path and connect the various elements
in a consistent, compelling and credible way. You'll develop
a clear picture of who you are that differentiates you in
a competitive applicant pool.
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| GMAT
& GPA |
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Q: How important is the GMAT?
A: The GMAT is a valuable
element of the admissions process and, thus, requires adequate
preparation. As a rule of thumb, we recommend you allow at
least two months to prepare for your GMAT. You can assess
your readiness by taking an online practice test. (Take the
test spring/summer for "round one" fall deadlines.) If your
score is below 650, consider taking a prep course, such as
those offered by Princeton Review ( www.princetonreview.com/mba/testprep/)
or Kaplan (www.kaptest.com). If one-on-one coaching is more
effective for you, or if you've taken a prep course and your
scores haven't improved sufficiently, consider retaining a
personal GMAT tutor who can tailor studies to your specific
needs.
It's worth
noting that, although schools may claim they don't have a
GMAT cutoff, we know from experience that you can't get in
with a GMAT score of 350. Conversely, a perfect score of 800
alone will not guarantee your admission. The reality is that
admissions criteria are much broader than the GMAT and schools
like Harvard and Wharton can fill their classes more than
twice over with students whose GMAT scores are 700 and above.
A safe gauge is to find out the school's median score and
ensure your score is in that range.
Q:
What can I do if my GPA is low?
A: Your objective is to demonstrate your
capacity for handling the rigorous academic curriculum of
a top business school. While you can't turn back the clock,
you can focus on those elements you have control over going
forward. Take at least two quantitative classes (i.e., finance,
economics, statistics, accounting) and ace them. This additional
data point will help build the confidence of the Admissions
Board in your ability to deal with academic challenges. That's
critical, as is your GMAT. A low GMAT combined with a low
GPA will send a negative message about your academic capacity.
Therefore, it's important that you take the necessary steps
to do well on the GMAT, because a very strong GMAT score can,
to some extent, lessen the damage of a weak GPA. In addition,
if your work experience is highly analytical and quantitative,
it helps to build a case for your intellectual ability and
gives the Board confidence that you can tackle an academically
rigorous environment.
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| Application
Timing/Focus |
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Q: When should I apply and how much
time do I need to prepare?
A: Deciding when to go
to business school is a personal choice based on your individual
motivations. Thus, only you can decide the ideal time for
you. It's important that you're taking this step only after
careful introspection and "on the rise," with a track record
that can evidence your leadership experience and impact. In
another words, it's not a step to be taken too late in the
game as a "quick fix." At the same time, applying before you've
gained meaningful personal and professional experience can
be problematic as well. It makes it difficult to define a
meaningful personal brand. Once you do make the decision to
apply, give yourself a full year to research schools, develop
your personal brand, plan your strategy, obtain solid recommendations,
take the GMAT and, finally, write compelling essays to gain
a winning edge.
Q:
What's the most important aspect of the application process?
A: There is no one single
piece of the process that will cinch your application. Each
aspect of the application is an important piece of data that,
when taken together, conveys a well-composed snapshot of who
you are. Your best strategy is to focus on putting together
the most compelling, consistent and credible overall picture.
With that said, conducting due diligence on the school is
also very important in gaining a clear understanding of what
they value (their brand) and how to best position your personally
branded application.
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| Recommendations |
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Q:
How does the Board view recommendations?
A: The recommendations
you obtain for your application are extremely significant
to the Board because they provide both a third-party endorsement
of you that increases your credibility as well as a valuable
perspective on your leadership and management potential. Understand
that the main purpose of the recommendations is to authenticate
your story, rather than cast doubts upon it. Therefore, it's
critical that you select people who know you well, such as
a direct supervisor who is familiar with your work and can
attest to your ability to operate in a team environment and
perform in a professional arena. And, while it may be tempting
to garner a recommendation from a senior executive, their
title alone will hold no value for the Board. If they can't
speak knowledgeably about your performance, you're missing
an opportunity to validate your value and support your personal
brand. Likewise, avoid choosing a friend, family member or
peer (unless explicitly required to use a peer as is the case
with Stanford). Bottom line: pay close attention to your recommendations.
You can be certain the Board will.
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| Essays |
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Q: What's
the best approach to writing "winning" essays?
A: The essays are an extraordinary
opportunity to bring your personal voice to the application
process. They tell the Board who you are and, more importantly,
what's important to you and why you've made the choices that
you've made in your life. We recommend that you give yourself
plenty of time to ensure each of your essays reflect what
we call the "P.I.I.G. Factor." Simply put, successful essays
have these key ingredients:
Passion
This is your showcase for explaining what you're passionate
about and why, as well as to explain the goals that drive
you and how you plan to achieve them.
Insight
Self-awareness is huge. Tell what you've accomplished and
detail your motivators.
Impact
Given the competition you'll be up against, it's critical
to differentiate yourself by illustrating how you've impacted
others in your organization. Be specific about benefits of
a change you produced, a solution you created or a new program
you enacted.
Guts
Initiative is critical and you want to provide evidence of
your willingness to take risks, determination to beat the
odds, drive to push yourself beyond ordinary limits and your
ability to start a new program or business.
Finally,
it's not uncommon to be tempted to adopt the story of an acquaintance
whose essays were successfully received. But someone else's
story is just that and it's one strategy that's sure to backfire.
Your essays must reflect who you are and align with what your
chosen school is looking for. Moreover, adopting another person's
story deprives you of the opportunity to present a compelling
case comprising your passions, your value and your authenticity
as a unique person.
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| Interviews |
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Q: Are the interviews a required
part of the application?
A: It depends on the school.
Most MBA programs require an interview as part of the application
process. But regardless of whether it's required by the school,
we recommend requesting one because it gives you another opportunity
to provide the admissions board with an additional data point
of who you are. It also allows you to take a closer look at
the school.
Some schools
including Harvard, Stanford, Wharton and Columbia offer interviews
on an invitation basis. Programs like Tuck, Chicago and Kellogg
have a flexible interview process that allows candidates to
request an interview.
Q:
How important is the interview in the application process?
A: Approach the application
process with the perspective that every aspect is important,
the interview included. The interview gives the Admissions
Board another opportunity to learn more about you. And, whether
you're interviewing with a current student, an alumni or a
board member, you absolutely want to go into that interview
as prepared as possible. That means having conducted thorough
research about the school, knowing the qualities they're looking
for in candidates and possessing a clear rationale of why
you want to apply to their particular program. You should
also review your entire application. Be clear on why you want
an MBA. Refresh your memory of the themes you covered in your
application, along with your overall personal branding statement
of why the program is a fit for you and what your contribution
will be.
In addition,
be clear on your "P.I.I.G. Factor":
- Passion: Know your short/long term goals and what you're
passionate about;
- Insight: Understand your motivations and why you've made
the decisions you've made;
- Impact: Be ready to discuss how you've made a measurable
impact personally and professionally;
- Guts: Be ready to talk about professional situations where
you have demonstrated initiative to start something, improve
a team or help change someone's life.
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| Internationals |
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Q: Is the application process different
for international candidates?
A: International candidates
go through the same application process as U.S. citizens and
permanent residents with the exception of the Test of English
Fluency (TOEFL) exam. International students whose education
was from a non-U.S. university or where English was not the
medium of instruction are required to take the TOEFL to demonstrate
that they have the language proficiency to handle the MBA
curriculum. Most programs require a minimum TOEFL score of
253. (Contact the specific program[s] to determine their exact
requirements.)
Q:
Is there an admission quota for international candidates?
A: First and foremost,
admissions quotas are illegal. Business schools do not have
an admission quota. Moreover, the global nature of the business
world reflects the continued interest in attracting a diverse
class that is made up of individuals from different industries,
cultures and countries. Most top MBA programs have an international
population that's between 25-35%. The diversity of perspectives
offered by the international students contributes richly to
the programs' dynamic and vibrant community.
Q:
What advice do you have for international candidates?
A: A slow economy combined
with 9-11 has contributed to cutbacks on the number of student
visas being issued. For international students applying to
business school, the most important advice is to apply round
one, round two at the latest, to ensure that they give themselves
more time to secure the appropriate documentation for an F-1
visa.
On the
application front, be aware that schools are interested in
who you are as a complete individual and not just your GMAT/GPA
index. Unlike the educational systems of certain countries
where admissions to elite schools are based primarily on entrance
exam scores, U.S. business schools are looking for exceptional
individuals who are not only smart, but also possess leadership
and management potential, along with a proven track record
and solid interpersonal skills.
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| Re-Applicants |
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Q:
What should I do if I've been rejected and plan to reapply
to the same program(s)?
A: First, take a step
back and reassess where there were gaps or weaknesses to your
story. Was your goal less than clearly defined or inconsistent
with the rest of your application? What about your GMAT and
GPA? Were they below the range of admitted candidates? Is
your profile and "story" not a fit for the program?
Some schools
offer feedback to rejected candidates during the summer. We
strongly encourage you to take advantage of this opportunity
to learn how the Board viewed your application. If the school
doesn't offer personal feedback, have someone you trust (a
mentor, colleague, student or alumni from the school) examine
your application and provide feedback as well as suggest opportunities
for further development/improvements.
After
completely reviewing your application, decide whether you
will reapply in the future. Depending on the key obstacles
you need to overcome before re-applying, you may consider
one of the following actions: select different programs that
are a better fit for your background and interest; use the
next year or two to build your professional experience in
order to gain effective management experience and demonstrate
stronger leadership skills; take quantitative courses and
ace them to demonstrate academic rigor; take a GMAT prep course
or hire a GMAT tutor to study for the test and improve your
score; get involved in extracurricular activities where you
are able to invest in your community and develop a track record
creating or contributing to organizations in a meaningful
way.
Q:
What are my chances of gaining admission after being rejected?
A: Evidence shows that
re-applicants do get into top programs the second time around
and, at the same time, may also receive another rejection.
It depends, in part, on the reason why you didn't get in the
first time. In addition, the pool of each MBA program changes
from year to year, making it difficult to compare like admissibility
factors. Therefore, it's virtually impossible to put a percentage
on your chances. It's like comparing apples to oranges.
While
many programs encourage re-application, this invitation shouldn't
be interpreted as a sign that your chances are automatically
improved. But your chances aren't lower because you're applying
a second time either. The important thing is to learn from
any mistakes made the first time and communicate what's different
and compelling about your application this time.
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